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Unitil Declares Common Stock Dividend

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Unitil Corporation (NYSE: UTL) has declared a regular quarterly dividend of $0.39 per share, scheduled for payment on May 27, 2022. This dividend is for shareholders of record as of May 13, 2022, resulting in an effective annualized dividend rate of $1.56 per share. Unitil Corporation serves approximately 107,700 electric customers and 86,600 natural gas customers across New England.

Positive
  • Quarterly dividend of $0.39 per share enhances shareholder income.
  • Annualized dividend rate of $1.56 per share reflects company confidence.
Negative
  • None.

HAMPTON, N.H., April 27, 2022 (GLOBE NEWSWIRE) -- Unitil Corporation (NYSE:UTL) (unitil.com) today announced that its Board of Directors declared the regular quarterly dividend on the Company’s common stock of $0.39 per share, payable May 27, 2022, to shareholders of record on May 13, 2022. This quarterly dividend results in a current effective annualized dividend rate of $1.56 per share.

About Unitil Corporation
Unitil Corporation provides energy for life by safely and reliably delivering natural gas and electricity in New England. We are committed to the communities we serve and to developing people, business practices, and technologies that lead to the delivery of dependable, more efficient energy. Unitil Corporation is a public utility holding company with operations in Maine, New Hampshire and Massachusetts. Together, Unitil’s operating utilities serve approximately 107,700 electric customers and 86,600 natural gas customers. For more information about our people, technologies, and community involvement please visit unitil.com.

For more information please contact:                                                 

Todd Diggins – Investor Relations
Phone: 603-773-6504
Email: diggins@unitil.com

Alec O’Meara – Media Relations                                                                                               
Phone: 603-773-6404                                
Email: omeara@unitil.com


FAQ

What is the UTL dividend amount announced on April 27, 2022?

Unitil Corporation announced a dividend of $0.39 per share.

When will Unitil Corporation's dividend be paid?

The dividend will be payable on May 27, 2022.

What is the record date for UTL's dividend?

The record date for the dividend is May 13, 2022.

What is the annualized dividend rate for Unitil Corporation?

The current annualized dividend rate is $1.56 per share.

Unitil Corporation

NYSE:UTL

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Utilities - Diversified
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United States of America
HAMPTON